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US CFTC pushes to allow spot virtual asset trading on registered exchanges

Source
Uk Jin

Summary

  • The Commodity Futures Trading Commission (CFTC) announced a regulatory initiative to allow spot virtual asset trading on registered exchanges.
  • Caroline Pham, Acting Chair of the CFTC, stated that a plan was announced allowing the trading of spot virtual asset products on futures exchanges (DCM) registered with the CFTC.
  • It was noted that this initiative is believed to be part of the Crypto Sprint project, which aims to foster the virtual asset market.

The Commodity Futures Trading Commission (CFTC) is pushing a new regulatory initiative to allow trading of spot virtual asset (cryptocurrency) contracts through registered exchanges.

On the 4th (local time), Walter Bloomberg reported that Caroline Pham, Acting Chair of the CFTC, announced an initiative permitting spot virtual asset (cryptocurrency) product trading on futures exchanges (DCM) registered with the CFTC.

Currently, the CFTC is conducting the 'Crypto Sprint' project to foster the virtual asset market, and this initiative is also presumed to be part of these efforts.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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